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NIA preparing separate insurance policy for EVs

KATHMANDU: As the number of electric vehicles (EVs) continues to rise, the Nepal Insurance Authority (NIA) is developing a separate insurance policy tailored for electric vehicles (EVs). The new policy will consider factors such as the cost of spare parts,…
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Govt introducing new driving license rules

KATHMANDU: The government is tightening regulations on driving licenses with a new law aimed at enhancing road safety and streamlining procedures. The Ministry of Physical Infrastructure and Transport has drafted the “Bill for Provisions Regarding Vehicles and Transportation, 2025,” introducing…
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NAIMA’s inaugural Nepal Mobility Show from August 6

KATHMANDU: The newly formed Nepal Automobiles Importers and Manufacturers Association (NAIMA) has announced the inaugural Nepal Mobility Show 2025, to be held from August 6-10 at Bhrikuti Mandap, Kathmandu. The announcement came during NAIMA’s official launch in Kathmandu on Wednesday.…
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Govt proposes to cap license renewal penalty at 300%

KATHMANDU: The government has proposed to reduce penalties for late renewal of driving license. At present, drivers currently are charged up to 500% of the renewal fee for delayed renewals. The draft Motor Vehicles and Transport Bill, 2025, seeks to…